Red Wing, MN Real Estate
According to census data in the year 2000 there were 6,860 housing units in Red Wing.
This represents a 11.1% growth from 6,176 in 1990.
Of those housing units, 6,252 were located in either urbanized areas or urban clusters, and 608 were located in what is classified as a rural area.
Homeownership rate in Red Wing is about 71.6%.
Red Wing's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Red Wing were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1961|
|Median Value of occupied units||$112,800|
|Median Price asked for vacant units||$108,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||13.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|